BP CEO Hayward in Abu Dhabi, No Comment on Investors - Bloomberg

BP Plc Chief Executive Officer Tony Hayward said he was visiting Abu Dhabi for a few days and declined to comment on whether he is seeking support from Middle Eastern investors or shareholders.

“I’m just visiting,” Hayward said in an interview in Abu Dhabi today. “I’m here for a couple of days.”

Sovereign wealth funds in the Middle East are reportedly interested in buying BP stock after it dropped by half since the start of the Gulf of Mexico oil spill, the worst in U.S. history. Hayward last month pledged to set aside $20 billion for spill victims and cleanup. To pay for it, the company canceled three quarters of dividends and planned to sell assets across the globe.